12926 Page Ct Blue Island, IL 60406
Six-unit property in Blue Island with immediate rental upside.
Type:Multifamily
Property size:
6,145 SF- Added:
- Mar 5, 2026
- Days on Market:
- 27
- Last Refresh:
- Mar 16 at 2:47 pm
Property Features for 12926 Page Ct
General Information
- Standard status
- Active
- Size
- 6,145 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1962
Listing agent Marcin Chojnacki License #IL 471019141
Listing office Citypoint Illinois LLC
Listing date Mar 5, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Citypoint Illinois LLC
Overview
Turnkey Multifamily Investment Opportunity
This six-unit multifamily property in Blue Island is an investment opportunity generating $81,792 in current annual rental income. The property features a mix of well-maintained units with stable tenants and consistent occupancy. The current cap rate is approximately 8% at the asking price. Average rents are currently $1,136 per unit, while comparable rentals in the area support rents closer to $1,325–$1,350, providing over $14,000 in potential annual rental upside through normal lease renewals and tenant turnover. Operating expenses include property taxes, utilities, maintenance, and professional management assumptions. At market rents, the property approaches a 10% cap rate. The property benefits from strong rental demand due to its convenient location near local shopping, transportation, and employment centers. The property size is 6,145 square feet.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Blue Island
- County
- Cook
- State
- Illinois
- Longitude
- -87.6633917
- Latitude
- 41.6585102
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Six-unit property in Blue Island with immediate rental upside.
Where is this apartment building located?
The property is located at 12926 Page Ct Blue Island, IL.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Turnkey 6‑unit multifamily property generating $81,792 in annual rental income; Immediate rental income upside of over $14,000 annually through market rent growth; Current cap rate of approximately 8% with potential to approach 10% at market rents
